Annual Zakat return and Zakat certificate for Saudi and GCC-owned companies

We build your Zakat base from the accounts under the 2024 Zakat Regulation, test it against the floor and ceiling rules, apply the right rate for a Gregorian year, file the return and get your Zakat certificate for tenders and banks.

SAR 6,500Annual

For: Companies wholly owned by Saudi or GCC nationals, the Saudi and GCC share of mixed companies, and Saudi sole proprietors with a CR.

What we need from you

Financial statements for the year (audited where required)
Base uses year-end balances
Trial balance and fixed asset register
Deductible assets
Shareholder loans with terms
Treated as equity or liability under conditions
Provisions movement, including end of service
Most provisions treated as equity
Investments in other companies and funds
Deductible under conditions
Adjusted net profit working
Floor and ceiling test
Shareholder nationality list
Zakat versus income tax split

What we discuss

Does your year follow the Gregorian calendar?
Rate is 2.5 percent adjusted for 365 days, about 2.578 percent
Any partner loans or related company balances?
Changes the base a lot
Investments in subsidiaries or funds?
May be deductible
Do you need the certificate for a tender or bank?
Plan filing early
Earlier years applied the old 2019 rules?
New rules apply to years starting on or after 1 January 2024

What we file

Zakat base computation
Example: equity SAR 2,000,000 + long-term loans SAR 500,000 + adjusted profit SAR 400,000 less fixed assets SAR 1,600,000 = base SAR 1,300,000; Zakat at 2.5% x 365/354 = about SAR 33,510
File the Zakat return
Pay through SADAD and download the certificate

What you get

Filed Zakat return and payment number
Zakat certificate
Base working and risk notes

The law

Zakat Implementing Regulation, Ministerial Resolution 1007 (29 February 2024): Applies to financial years starting on or after 1 January 2024; 2.5 percent of the Zakat base Source
Zakat Implementing Regulation Articles 27 and 28: Floor and ceiling on the Zakat base linked to adjusted net profit and equity Source
Zakat Implementing Regulation Article 102: Zakat return due within 120 days from the end of the Zakat year Source
Zakat Regulation, consolidated filing: Zakat consolidation is allowed for wholly owned subsidiaries of Saudi or GCC companies; not for income tax Source

Questions people ask

Online payment in SAR is not open yet. Send us a message and an adviser for Saudi Arabia confirms the scope and the fee before any work starts.